Civic Intelligence

Foxcroft Academy Trustees

990 • Fiscal year 2019 • EIN 01-0246278

Jul 01, 2018 to Jun 30, 2019 • Filed on Feb 10, 2020

975 West Main StreetDoverfoxcroft, ME 04426

(207) 564-8351

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

69th percentile

0.48x

Higher debt load relative to assets than 69% of similar nonprofits.

2019 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2019

Liabilities / Revenue

78th percentile

1.05x

Higher debt load relative to revenue than 78% of similar nonprofits.

2019 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2019

Net Margin

79th percentile

20%

Higher net margin than 79% of similar nonprofits.

2019 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2019

Top Officer Pay

47th percentile

$239,812

Higher top officer pay than 47% of similar nonprofits.

Top officer pay equals 1.8% of source-year revenue.

2019 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2019

Asset Growth

61st percentile

7.3%

Faster asset growth than 61% of similar nonprofits.

2019 filings • 501(c)3 • $25M-$50M nonprofits • Annualized from 2018 to 2019

Revenue Growth

86th percentile

32%

Faster revenue growth than 86% of similar nonprofits.

2019 filings • 501(c)3 • $25M-$50M nonprofits • Annualized from 2018 to 2019

Assets

Up

$29,177,325

Up $1,995,434 (+7.3%) from 2018

Net Assets

Up

$15,273,875

Up $2,443,230 (+19%) from 2018

Liabilities

Down

$13,903,450

Down $447,796 (-3.1%) from 2018

Revenue

Up

$13,292,978

Up $3,206,027 (+32%) from 2018

Expenses

Up

$10,652,642

Up $595,131 (+5.9%) from 2018

Net Income

Up

$2,640,336

Up $2,610,896 (+8869%) from 2018

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$40M$30M$20M$10M$0Assets 2010: $21,631,509Liabilities 2010: $13,017,447Net Assets 2010: $8,614,0622010Assets 2011: $23,562,921Liabilities 2011: $13,418,073Net Assets 2011: $10,144,8482011Assets 2012: $28,630,792Liabilities 2012: $17,907,260Net Assets 2012: $10,723,5322012Assets 2013: $28,425,735Liabilities 2013: $16,633,024Net Assets 2013: $11,792,7112013Assets 2014: $29,619,532Liabilities 2014: $16,081,099Net Assets 2014: $13,538,4332014Assets 2015: $26,642,745Liabilities 2015: $15,771,859Net Assets 2015: $10,870,8862015Assets 2016: $26,557,444Liabilities 2016: $15,993,579Net Assets 2016: $10,563,8652016Assets 2017: $26,951,929Liabilities 2017: $14,862,790Net Assets 2017: $12,089,1392017Assets 2018: $27,181,891Liabilities 2018: $14,351,246Net Assets 2018: $12,830,6452018Assets 2019: $29,177,325Liabilities 2019: $13,903,450Net Assets 2019: $15,273,8752019Assets 2020: $28,332,163Liabilities 2020: $14,704,604Net Assets 2020: $13,627,5592020Assets 2021: $30,930,930Liabilities 2021: $14,438,656Net Assets 2021: $16,492,2742021Assets 2022: $30,062,383Liabilities 2022: $15,499,442Net Assets 2022: $14,562,9412022Assets 2023: $31,517,500Liabilities 2023: $15,757,931Net Assets 2023: $15,759,5692023Assets 2024: $29,734,366Liabilities 2024: $14,787,949Net Assets 2024: $14,946,4172024

Highlighted filing

2019

Assets$29,177,325
Liabilities$13,903,450
Net Assets$15,273,875

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$15M$10M$5.0M$0-$5.0MExpenses 2010: $6,533,8012010Expenses 2011: $7,024,9822011Expenses 2012: $7,481,2242012Expenses 2013: $7,717,0842013Revenue 2014: $9,442,840Expenses 2014: $8,302,819Net Income 2014: $1,140,0212014Revenue 2015: $7,145,170Expenses 2015: $9,593,544Net Income 2015: -$2,448,3742015Revenue 2016: $9,422,749Expenses 2016: $8,972,715Net Income 2016: $450,0342016Revenue 2017: $9,983,250Expenses 2017: $9,852,546Net Income 2017: $130,7042017Revenue 2018: $10,086,951Expenses 2018: $10,057,511Net Income 2018: $29,4402018Revenue 2019: $13,292,978Expenses 2019: $10,652,642Net Income 2019: $2,640,3362019Revenue 2020: $9,587,301Expenses 2020: $10,567,796Net Income 2020: -$980,4952020Revenue 2021: $10,035,137Expenses 2021: $10,205,712Net Income 2021: -$170,5752021Revenue 2022: $11,053,374Expenses 2022: $11,295,783Net Income 2022: -$242,4092022Revenue 2023: $12,891,112Expenses 2023: $12,215,948Net Income 2023: $675,1642023Revenue 2024: $11,282,594Expenses 2024: $12,515,774Net Income 2024: -$1,233,1802024

Highlighted filing

2019

Revenue$13,292,978
Expenses$10,652,642
Net Income$2,640,336
Jump To
Filing Snapshot
Filing Period
Jul 1, 2018 to Jun 30, 2019
Signed
Feb 10, 2020
Return Version
2018v3.1
Gross Receipts
$14,028,655
Mission and Program Overview

Mission

Foxcroft academy is an independent high school founded in 1823 on the principle that knowledge is power. Foxcroft academy is committed to providing students from central maine and beyond a rigorous college and career preparatory academic curriculum designed to produce informed and active global citizens. Foxcroft academy will furnish all students with the underlying skills needed for post-secondary success while embracing its safe community and natural environment.

SECONDARY EDUCATION

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$13,814,241$13,132,569▼ $681,672
Investments in Publicly Traded Securities$12,224,328$12,108,590▼ $115,738
Savings and Temporary Cash Investments$366,240$2,597,213▲ $2,230,973
Pledges and Grants Receivable$39,670$1,039,153▲ $999,483
Cash and Non-Interest-Bearing Accounts$441,171$114,984▼ $326,187
Accounts Receivable$27,537$92,374▲ $64,837
Prepaid Expenses and Deferred Charges$104,693$76,689▼ $28,004
Inventories for Sale or Use$15,548$15,753▲ $205
Total Assets$27,181,891$29,177,325▲ $1,995,434
Other Assets Total$148,463--
Liabilities
Tax Exempt Bond Liabilities$12,393,436$11,961,284▼ $432,152
Accounts Payable and Accrued Expenses$933,343$798,173▼ $135,170
Deferred Revenue$867,557$428,363▼ $439,194
Mortgage Notes Payable Secured by Investment Property$156,910$379,986▲ $223,076
Other Liabilities$0$335,644▲ $335,644
Total Liabilities$14,351,246$13,903,450▼ $447,796
Net Assets / Fund Balance
Unrestricted Net Assets$8,848,506$8,089,364▼ $759,142
Temporarily Rstr Net Assets$1,618,335$4,799,021▲ $3,180,686
Permanently Rstr Net Assets$2,363,804$2,385,490▲ $21,686
Total Net Assets Fund Balance$12,830,645$15,273,875▲ $2,443,230
Total Liabilities and Net Assets / Fund Balance$27,181,891$29,177,325▲ $1,995,434

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$12,115,866$5,831,098$17,946,964
Leasehold Improvements$461,960$1,639,773$2,101,733
Equipment$334,809$991,602$1,326,411
Other Land Buildings$21,750$201,167$222,917
Land$198,184-$198,184

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2019$4,375,927$21,686▲ $96,668$116,689$4,314,406
2018$4,529,748$19,632▲ $2,774-$4,375,927
2017$4,209,333$36,697▲ $453,916$84,350$4,529,748
2016$4,310,078$23,438▲ $37,492$65,231$4,209,333
2015$4,385,062$7,275▲ $91,866$83,165$4,310,078
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Arnold ShoreyHead of SchoolFT$184,766$55,046$239,812
Daniel WhiteCFOFT$126,817$45,062$171,879
Christopher McgaryAdmissions DirectorFT$108,009$36,755$144,764

Board Members and Trustees

Highest Paid Contractors

ContractorServicesLocationCompensation
Community Counselling Service Co LLCCapital Campaign ServicesPO BOX 824885, Philadelphia, PA 19182-4885$178,627
Rowells Transportation LLCTransportation: StudentsPO BOX 129, Doverfoxcroft, ME 04426$130,762
Revenue and Support

Revenue Composition

Contributions and Grants
$3,655,145
Program Service Revenue
$8,813,107
Investment Income
$455,157
Other Revenue
$369,569
All Other Contributions
$3,655,145
Change in Net Assets
$2,640,336

Audited Revenue Reconciliation

Revenue per Audited Statements
$11,311,721
Revenue Not Reported on Financial Statements
$1,981,257
Revenue Not Reported on Form 990
$287,000
Other Revenue Adjustments
$1,911,319
Total Revenue per Audited Statements
$11,598,721
Total Revenue per Form 990
$13,292,978
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$5,422,116
Other Expenses$3,803,313
Grants and Similar Amounts Paid$1,427,213
Total Fundraising Expense$195,857
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$2,932,994$541,845$121,509$3,596,348
Grants to Domestic Individuals$1,427,213--$1,427,213
Other Employee Benefits$428,991$823,530$19,377$1,271,898
Depreciation Depletion$802,251$9,718-$811,969
Fees for Services Other$285,202$227,645$8,814$521,661
Occupancy$444,163$48,280$870$493,313
Current Officers, Directors, Trustees, and Key Employees-$401,669-$401,669
Interest$357,060$4,325-$361,385
All Other Expenses$171,594$89,826$26,671$288,091
Office Expenses$123,278$25,517$7,302$156,097
Pension Plan Contributions$130,024$19,898$2,279$152,201
Advertising$639$137,806$903$139,348
Travel$128,518$5,022-$133,540
Other Expenses$70,061$2,803$1,000$73,864
Fees for Service Investment Mgmnt Fees-$69,938-$69,938
Fees for Services Legal-$24,881-$24,881
Fees for Services Accounting-$16,025-$16,025
Total Functional Expenses$7,811,714$2,645,071$195,857$10,652,642

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Form 990$10,652,642
Expenses per Audited Statements$9,155,491
Total Expenses per Audited Statements$9,155,491
Expenses Not Reported on Financial Statements$1,497,151
Other Expense Adjustments$1,427,213
Expenses Not Reported on Form 990$0
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Interest Rate Swap$335,644

Bond Issues

BondIssuerIssuedIssue PricePurpose
AFinance Authority of Maine2015-06-29$14,430,000To restructure existing direct pay letter and refinance existing bond/note.

Bond Proceeds

BondTotal ProceedsSpentRetiredIssuance Costs
A$14,430,000--$35,467

Bond Financing Compliance

No rebate due
No
Rebate not yet due
Yes
Form 8038-T filed
No
Gross proceeds invested
No
Gross proceeds invested in GIC
No
Exception to rebate
No
Corrective action procedures
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
Yes
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section B, Line 11B

The school provides a 990 draft to the president, treasurer, and head of school for review and sign-off before the 990 is filed.

Form 990, Part VI, Section B, Line 12C

Officers, directors, trustees, and key employees are required to submit annual written disclosures of conflicts or potential conflicts of interest.

Form 990, Part VI, Section B, Line 15

Salaries are in comparable range with data from isanne and nais.

Form 990, Part VI, Section C, Line 19

Documents are available upon request.

Filing and Contact Details

Filer

Filer Name
Foxcroft Academy Trustees of
EIN
01-0246278
Phone
2075648351
Address
975 WEST MAIN STREET, DOVERFOXCROFT, ME 04426

Signing Officer

Name
Daniel N White
Title
CFO
Phone
2075648351
Signed
2020-02-10
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Richard Swett
Formed
1823
Legal Domicile
Me
Voting Board Members
19
Independent Board Members
19
Employees
147
Volunteers
20

Preparer

Firm
Tyler Simms & St Sauveur Cpas Pc
Address
19 MORGAN DRIVE, LEBANON, NH 03766
Preparer
James N Godfrey CPA
Phone
6036530044
Supplemental Narrative

Additional Explanations

FORM 990, PART XI, LINE 9:

Interest rate swap adjustment -484,106.

Financial Statement Notes

PART X, LINE 2:

Accounting standards codification subtopic 740-10, accounting for uncertainty in income taxes, addresses the accounting uncertainty of income taxes recognized in an enterprise's financial statements and prescribes a threshold of "more-likely-than-not" for recognition and derecognition of tax positions taken or expected to be taken in a tax return. Subtopic 740-10 also provides guidance on measurement classification, interest and penalties and disclosure. The academy has determined that the provisions of subtopic 740-10 do not have a material effect on the academy's financial statements. The academy believes it is no longer subject to examinations for years prior to 2014.

PART XI, LINE 4B - OTHER ADJUSTMENTS:

Financial aid 1,427,213. Interest rate swap 484,106.

PART XII, LINE 4B - OTHER ADJUSTMENTS:

FINANCIAL AID 1,427,213.

Part V, Line 4 Intended Uses of the Endowment Fund

Endowment funds are for the occupancy and operation of foxcroft academy. The income from some funds is restricted to capital repairs and improvements or for the related debt service. The income from certain funds is restricted to post-secondary education scholarships for foxcroft academy graduates or for foxcroft academy students/faculty to experience educational opportunites outside of foxcroft academy. The income from limited funds is restricted to defray tuition costs for academy students from outside the public sending unit area.

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IRS990/Desc0THE TRUSTEES OF FOXCROFT ACADEMY OPERATE A PRIVATE SECONDARY SCHOOL WHICH CONTRACTS TO PROVIDE COMPREHENSIVE SECONDARY EDUCATION TO ALL STUDENTS IN RURAL SCHOOL UNIT (RSU) #68, OTHER LOCAL COMMUNITIES WITH NO SECONDARY SCHOOL AND SOME PRIVATE INDIVIDUALS, INCLUDING BOARDING STUDENTS. CO-CURRICULAR PROGRAMS FORM AN INTEGRAL PART OF THAT EDUCATION. TOTAL STUDENT POPULATION FOR FY 19 WAS 427.
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IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt100
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt110
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt120
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt130
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt140
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt150
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt160
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt170
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt180
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt1931680
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt2035329
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt2136755
IRS990/Form990PartVIISectionAGrp/PersonNm0ETHAN ANNIS
IRS990/Form990PartVIISectionAGrp/PersonNm1DR HILLARY CARUSO
IRS990/Form990PartVIISectionAGrp/PersonNm2PETER CULLEY
IRS990/Form990PartVIISectionAGrp/PersonNm3JASON FREDERICK
IRS990/Form990PartVIISectionAGrp/PersonNm4KRISTEN GURALL
IRS990/Form990PartVIISectionAGrp/PersonNm5KENNETH HEWS
IRS990/Form990PartVIISectionAGrp/PersonNm6NORMAN HIGGINS
IRS990/Form990PartVIISectionAGrp/PersonNm7KELLY KEENAN
IRS990/Form990PartVIISectionAGrp/PersonNm8LAURIE LACHANCE
IRS990/Form990PartVIISectionAGrp/PersonNm9THOMAS LIZOTTE
IRS990/Form990PartVIISectionAGrp/PersonNm10RAYMOND POULIN
IRS990/Form990PartVIISectionAGrp/PersonNm11JOHN SIMKO
IRS990/Form990PartVIISectionAGrp/PersonNm12RICHARD SWETT MD
IRS990/Form990PartVIISectionAGrp/PersonNm13DAN WANG
IRS990/Form990PartVIISectionAGrp/PersonNm14JOHN WENTWORTH
IRS990/Form990PartVIISectionAGrp/PersonNm15KIRSTEN WHITE
IRS990/Form990PartVIISectionAGrp/PersonNm16KAREN POMEROY
IRS990/Form990PartVIISectionAGrp/PersonNm17JESSICA KLEIN
IRS990/Form990PartVIISectionAGrp/PersonNm18JACK CLUKEY
IRS990/Form990PartVIISectionAGrp/PersonNm19ARNOLD SHOREY
IRS990/Form990PartVIISectionAGrp/PersonNm20DANIEL WHITE
IRS990/Form990PartVIISectionAGrp/PersonNm21CHRISTOPHER MCGARY
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt100
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt110
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt120
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt130
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt140
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt150
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt160
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt170
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt180
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt19208132
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20136550
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt21108009
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt100
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt110
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt120
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt130
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt140
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt150
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt160
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt170
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt180
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt190
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt200
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt210
IRS990/Form990PartVIISectionAGrp/TitleTxt0VICE PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt1TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt2TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt3TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt4TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt5TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt6TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt7TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt8TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt9TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt10TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt11TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt12PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt13TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt14SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt15TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt16TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt17TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt18TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt19HEAD OF SCHOOL
IRS990/Form990PartVIISectionAGrp/TitleTxt20CFO
IRS990/Form990PartVIISectionAGrp/TitleTxt21ADMISSIONS DIRECTOR
IRS990/Form990ProvidedToGvrnBodyInd01
IRS990/FormationYr01823
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/FSAuditedInd01
IRS990/FundraisingActivitiesInd00
IRS990/GainOrLossGrp/SecuritiesAmt082156
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt019
IRS990/GrantAmt01427213
IRS990/GrantsToDomesticIndividualsGrp/ProgramServicesAmt01427213
IRS990/GrantsToDomesticIndividualsGrp/TotalAmt01427213
IRS990/GrantsToIndividualsInd01
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossAmountSalesAssetsGrp/SecuritiesAmt0817833
IRS990/GrossReceiptsAmt014028655
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd01
IRS990/IndependentAuditFinclStmtInd01
IRS990/IndependentVotingMemberCnt019
IRS990/IndivRcvdGreaterThan100KCnt03
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartIIIInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartXIInd0X
IRS990/InterestGrp/ManagementAndGeneralAmt04325
IRS990/InterestGrp/ProgramServicesAmt0357060
IRS990/InterestGrp/TotalAmt0361385
IRS990/InventoriesForSaleOrUseGrp/BOYAmt015548
IRS990/InventoriesForSaleOrUseGrp/EOYAmt015753
IRS990/InvestmentIncomeGrp/ExclusionAmt0373001
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt0373001
IRS990/InvestmentInJointVentureInd00
IRS990/InvestmentsPubTradedSecGrp/BOYAmt012224328
IRS990/InvestmentsPubTradedSecGrp/EOYAmt012108590
IRS990/InvestTaxExemptBondsInd00
IRS990/IRPDocumentCnt033
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt08663640
IRS990/LandBldgEquipBasisNetGrp/BOYAmt013814241
IRS990/LandBldgEquipBasisNetGrp/EOYAmt013132569
IRS990/LandBldgEquipCostOrOtherBssAmt021796209
IRS990/LegalDomicileStateCd0ME
IRS990/LessCostOthBasisSalesExpnssGrp/SecuritiesAmt0735677
IRS990/LoanOutstandingInd00
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0FOXCROFT ACADEMY IS AN INDEPENDENT HIGH SCHOOL FOUNDED IN 1823 ON THE PRINCIPLE THAT KNOWLEDGE IS POWER. FOXCROFT ACADEMY IS COMMITTED TO PROVIDING STUDENTS FROM CENTRAL MAINE AND BEYOND A RIGOROUS COLLEGE AND CAREER PREPARATORY ACADEMIC CURRICULUM DESIGNED TO PRODUCE INFORMED AND ACTIVE GLOBAL CITIZENS. FOXCROFT ACADEMY WILL FURNISH ALL STUDENTS WITH THE UNDERLYING SKILLS NEEDED FOR POST-SECONDARY SUCCESS WHILE EMBRACING ITS SAFE COMMUNITY AND NATURAL ENVIRONMENT.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt0156910
IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt0379986
IRS990/NetAssetsOrFundBalancesBOYAmt012830645
IRS990/NetAssetsOrFundBalancesEOYAmt015273875
IRS990/NetGainOrLossInvestmentsGrp/ExclusionAmt082156
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt082156
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NetUnrlzdGainsLossesInvstAmt0287000
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/FundraisingAmt0870
IRS990/OccupancyGrp/ManagementAndGeneralAmt048280
IRS990/OccupancyGrp/ProgramServicesAmt0444163
IRS990/OccupancyGrp/TotalAmt0493313
IRS990/OfficeExpensesGrp/FundraisingAmt07302
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt025517
IRS990/OfficeExpensesGrp/ProgramServicesAmt0123278
IRS990/OfficeExpensesGrp/TotalAmt0156097
IRS990/OfficerMailingAddressInd00
IRS990/OnBehalfOfIssuerInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt0148463
IRS990/OtherChangesInNetAssetsAmt0-484106
IRS990/OtherEmployeeBenefitsGrp/FundraisingAmt019377
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt0823530
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt0428991
IRS990/OtherEmployeeBenefitsGrp/TotalAmt01271898
IRS990/OtherExpensesGrp/Desc0FOOD EXPENSES
IRS990/OtherExpensesGrp/Desc1STUDENT ACTIVITIES
IRS990/OtherExpensesGrp/Desc2OTHER EDUCATIONAL EXPEN
IRS990/OtherExpensesGrp/Desc3FURNITURE & EQUIP
IRS990/OtherExpensesGrp/FundraisingAmt07132
IRS990/OtherExpensesGrp/FundraisingAmt11000
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt035790
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt1128152
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt232401
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt32803
IRS990/OtherExpensesGrp/ProgramServicesAmt0334582
IRS990/OtherExpensesGrp/ProgramServicesAmt1133764
IRS990/OtherExpensesGrp/ProgramServicesAmt241380
IRS990/OtherExpensesGrp/ProgramServicesAmt370061
IRS990/OtherExpensesGrp/TotalAmt0370372
IRS990/OtherExpensesGrp/TotalAmt1261916
IRS990/OtherExpensesGrp/TotalAmt280913
IRS990/OtherExpensesGrp/TotalAmt373864
IRS990/OtherLiabilitiesGrp/BOYAmt00
IRS990/OtherLiabilitiesGrp/EOYAmt0335644
IRS990/OtherRevenueMiscGrp/BusinessCd0900099
IRS990/OtherRevenueMiscGrp/Desc0BENEFICIARY INCOME
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt0369569
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt0369569
IRS990/OtherRevenueTotalAmt0369569
IRS990/OtherSalariesAndWagesGrp/FundraisingAmt0121509
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt0541845
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt02932994
IRS990/OtherSalariesAndWagesGrp/TotalAmt03596348
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PensionPlanContributionsGrp/FundraisingAmt02279
IRS990/PensionPlanContributionsGrp/ManagementAndGeneralAmt019898
IRS990/PensionPlanContributionsGrp/ProgramServicesAmt0130024
IRS990/PensionPlanContributionsGrp/TotalAmt0152201
IRS990/PermanentlyRstrNetAssetsGrp/BOYAmt02363804
IRS990/PermanentlyRstrNetAssetsGrp/EOYAmt02385490
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt039670
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt01039153
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt0104693
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt076689
IRS990/PrincipalOfficerNm0RICHARD SWETT
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0611710
IRS990/ProgramServiceRevenueGrp/BusinessCd1611710
IRS990/ProgramServiceRevenueGrp/BusinessCd2611710
IRS990/ProgramServiceRevenueGrp/BusinessCd3611710
IRS990/ProgramServiceRevenueGrp/Desc0TUITION
IRS990/ProgramServiceRevenueGrp/Desc1PROGRAM SUPPORT
IRS990/ProgramServiceRevenueGrp/Desc2LUNCH PROGRAM
IRS990/ProgramServiceRevenueGrp/Desc3SUMMER PROGRAM
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt05263986

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$29.7$14.8$14.9$11.3$12.5$1.23
2023Detailed filing. Detailed filing data is available for this year.$31.5$15.8$15.8$12.9$12.2$0.68
2022Detailed filing. Detailed filing data is available for this year.$30.1$15.5$14.6$11.1$11.3$0.24
2021Detailed filing. Detailed filing data is available for this year.$30.9$14.4$16.5$10.0$10.2$0.17
2020Detailed filing. Detailed filing data is available for this year.$28.3$14.7$13.6$9.59$10.6$0.98
2019Detailed filing. Detailed filing data is available for this year.$29.2$13.9$15.3$13.3$10.7$2.64
2018Detailed filing. Detailed filing data is available for this year.$27.2$14.4$12.8$10.1$10.1$0.03
2017Detailed filing. Detailed filing data is available for this year.$27.0$14.9$12.1$9.98$9.85$0.13
2016Detailed filing. Detailed filing data is available for this year.$26.6$16.0$10.6$9.42$8.97$0.45
2015Detailed filing. Detailed filing data is available for this year.$26.6$15.8$10.9$7.15$9.59$2.45
2014Detailed filing. Detailed filing data is available for this year.$29.6$16.1$13.5$9.44$8.30$1.14
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$28.4$16.6$11.8$7.72
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$28.6$17.9$10.7$7.48
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$23.6$13.4$10.1$7.02
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$21.6$13.0$8.61$6.53